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The Meaning of Greece for The U.S. We’re Not Greece

Many people see the rising unemployment and economic decline of Greece as problems caused by public sector profligacy. They then jump to the conclusion that the same fate awaits the US because of its...

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Europe on the Brink (Again)

Once again there is talk of a major financial crisis in Europe. Many observers expect that Europe will muddle through and push the problem further down the road, as it has for the past two years. But...

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Five Myths About the Federal Debt

By Stephen J. Rose and William T. Dickens When it comes to highly charged and complex issues, the budget deficit is at the top of the list.  As a society, we certainly need to have this debate; after...

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